Read time: 3 minutes (Click underlined topics or headings for links.)
Hey Edge Family, happy Tuesday! Amazon is causing a stir in the AI world today.
Here’s The Breakdown:
💎 𝟛 Tools to Give You The Edge
🚨 𝟚 AI Updates: Amazon AI Reviews & AI job eliminations
💻 𝟙 Practical Use of AI: Mind Mapping
Let’s jump in!
💎 𝟛 Tools to Give You The Edge
Blaze AI: Acquisition platform for modern companies and agencies that uses AI
Instantly: Scale your outreach campaigns with unlimited email sending accounts & warmup
TopApps: AI tools directory with 1000s of tools
🚨 Breaking AI News
Customer reviews have been core to Amazon since 1995, and they are a large part of the reason why customer reviews are so valuable for companies. Now, Amazon is using AI to generate review highlights that summarize key product features and sentiments from written reviews.
The goal is to help customers quickly grasp common themes. It’s currently in limited testing, but the AI summaries may expand after gathering customer feedback.
The highlights only utilize Amazon's trusted review corpus from verified purchases. Amazon aims to keep improving reviews with AI like summaries and highlights, to make purchase paths clearer for customers.
What Do You Think? Are AI Reviews a Good Idea?
It’s no secret that AI will change the way the world works, but with reports from Goldman Sachs and consulting firm McKinsey, we have a solid prediction. Here’s the details from both reports.
AI could automate hundreds of millions of jobs, with McKinsey estimating at least 12 million American workers will change fields by 2030.
But AI is also estimated to add $17-26 trillion to the global economy over coming decades by boosting productivity.
Unlike past automation technologies, AI threatens higher skilled knowledge workers previously immune to disruption.
Mass unemployment is unlikely, but transition will be “messy.”
Adoption is happening faster than expected, so preparation is urgent. Governments and companies must invest in retraining at scale to ease pain.
🔎Extra Insights🔍
👨⚕️ AI Identifies Non-Medical Needs in Patients
A study found AI can identify patients' social needs, like unstable transportation that affects health, which is crucial for complex dementia patients. A natural language algorithm successfully identified determinants in notes, outperforming other techniques, though it struggled with some needs. (Full article here)
💙 Hinge Hires AI VP $398K/Year
Dating app Hinge is hiring a VP of AI to lead its quest to become "AI-first", overseeing the deployment of ethical AI features. The lucrative role offers $332K-$398K to define Hinge's AI strategy. (Full article here)
🔎 Investigation of Fake Ripplewood Investment in OpenAI
A fake press release falsely claimed Ripplewood invested $1B in OpenAI, appearing on the London Stock Exchange website before being removed. Ripplewood notified authorities of the illegal act, and an investigation is underway into the misinformation. (Full article here)
💻 Real Life Use Cases
Chat GPT Prompt: Mind Mapping
If you have never tried mind mapping, it is a great way to visualize the thoughts in your head.
With ChatGPT it’s much easier to create mind maps.
🔏 Copy and paste the prompt below ⏬
Please create a complete mind map for [topic] starting with a central concept and expanding outward with connected branches of related ideas.Here’s a link to the results ⬇️
Daily Definition
Reactive Machines
‘Reactive Machines’ are a foundational type of AI system that responds directly to specific inputs with specific outputs. These systems don't have memory-based functionality, which means they don't use past experiences to inform present actions; they simply "react" to the current input.
Imagine playing a game of chess with a computer. The computer evaluates the board as it currently stands, and based on this assessment, makes its move. It doesn't remember your past moves or strategize based on the history of the game. This is the hallmark of a reactive machine - it operates solely in the "here and now".
In the broader landscape of AI, reactive machines might seem rudimentary. Yet, their value lies in their directness and efficiency. For tasks where past context isn't necessary and a direct response is desired, these machines are a perfect fit.
🔮 AI Inspiration
How was today's newsletter
That’s all for today!
If you have something interesting or just want to reach out, don’t hesitate to DM me on Twitter @Brandoncarterss
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